NAB faces superannuation class action

National Australia Bank is facing class action on behalf of 330,000 superannuation members. The action will be filed in the Victorian Supreme Court on Wednesday which addresses alleged excessive fees its members were charged. The action claims that by delaying moving $6.3 billion into low fee accounts, NAB failed to act in the best interest of its fund members. Image: News Corp Australia Via news.com.au — Australia’s #1 news site https://www.news.com.au